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Tehran Rocked by Renewed Israeli Strikes as Iran’s Leadership Council Assumes Control

  A woman reacts as she holds a placard with an image of Iranian late Supreme Leader Ayatollah Ali Khamenei, at a rally in solidarity with Iran after U.S. and Israeli strikes killed Ali Khamenei, in Beirut, Lebanon. Israel has launched another wave of airstrikes on Tehran, intensifying a rapidly escalating regional crisis just one day after the assassination of Iran’s Supreme Leader, Ali Khamenei. According to multiple reports, Israeli officials said the renewed strikes were intended to maintain air dominance as Iran faces its most significant leadership vacuum in decades.  The power void left by Khamenei’s killing has prompted Iran to activate a leadership council to stabilize governance. Inside the country, reactions have been sharply divided—some mourning the long‑time leader, others openly celebrating his death, revealing deep internal fractures.  The military confrontation has widened beyond Iran’s borders. Iran has retaliated with missile barrages targeting Israe...
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Canada’s Capital-Gains Tax Hike Faces Crucial Vote

 

In a pivotal moment for Canadian finance, Prime Minister Justin Trudeau’s government is set to call a vote on a contentious tax change. The proposed hike in the capital-gains tax inclusion rate has sparked debate across the nation, with significant implications for both individuals and businesses.

  • Tax Change Proposal: The government plans to increase the capital-gains tax on gains over C$250,000, affecting a small percentage of Canadians.
  • Potential Impact: Business groups have criticized the move, fearing it could deter investment and exacerbate productivity issues.
  • Political Strategy: The Liberals have separated this tax change from the budget bill, possibly aiming to challenge the Conservatives politically.
  • Revenue Expectations: The tax hike is estimated to generate almost C$20 billion over five years, funding new programs in housing and national defense.

The vote, scheduled for Monday, will be a defining moment for Trudeau’s fiscal policy and could set the stage for Canada’s economic direction in the coming years.

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